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Greenflash Infrastructure Closes Transaction for ERCOT's Largest Battery Storage Project Under Construction

LCG, October 7, 2025--Greenflash Infrastructure, L.P. ("Greenflash") today announced that it has successfully closed a hybrid tax capital and debt financing for Project Soho - a 400MW / 800MWh standalone battery storage project in Texas.

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FERC Approves Vistra's Plan to Acquire Nearly 2,600 MW of Gas-fired Power Plants

LCG, October 6, 2025--Vistra today announced that the Federal Energy Regulatory Commission (FERC) approved Vistra's acquisition of certain subsidiaries owning seven natural gas generation facilities from Lotus Infrastructure Partners. The acquisition was announced last May, and Vistra expects the transaction to close this quarter or during the first quarter of 2026. Vistra's acquisition remains subject to approval by the New York Public Service Commission and other customary closing conditions.

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Industry News

1,168 MW of Allegheny Energy New Generation Canceled

LCG, July 23, 2002-Allegheny Energy has decided to cancel an Arizona plant project because of market conditions.

The La Paz County plant in question has been cancelled because of low wholesale energy prices.

The energy company has also decided to limit its staff by 10 percent and cancel the second phase of a combined cycle plant in Saint Joseph County, Indiana which otherwise would have added 630 MW capacity.

The cancellations come as energy companies nationwide limit expansion, canceling and suspending projects in light of decreased trading and low wholesale prices.

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